The Securities and Exchange Commission (SEC) has requested additional time for discovery in its lawsuit against Coinbase.
This becomes apparent from documents filed by the regulator at the New York Southern District Court on September 18, 2024.
The SEC seeks an extension of the deadline to complete fact discovery by four months from October 18, 2024 to February 18, 2025, and to amend the previously-entered Civil Case Management Plan and Scheduling Order.
Coinbase, Inc. and Coinbase Global, Inc. consent to the requested extension.
The SEC said that its discovery efforts in this action have been extensive, including producing hundreds of thousands of documents to the defendants.
In ruling on a recent motion to compel by the defendants,…
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